Ohio Casino Revenues Up 2% To $69.5m In July

Ohio Casino Revenues Up 2% To $69.5m In JulyThe Ohio Casino Control Commission has released its latest results for July, and the news was positive with the $69.5 million in revenues generated by the state’s four casinos higher by 7% compared to the previous month, and up 2% from the $68 million collected last July. Overall, table games accounted for $21.1 million of July’s tally, while slot machines provided the remaining $48.36 million.
In July, just the Horseshoe Casino Cincinnati reported a slight 0.5% decrease in revenues, while leading the Ohio casino market in terms of growth was the Hollywood Casino Toledo up 3.7%, followed by Hollywood Casino Columbus up 3.4% to $18.2 million, and the Horseshoe Casino Cleveland flat at $17.7 million, compared to the same month last year. Commenting on the results, Horseshoe Cleveland spokesperson Shannon Mortland said:
“We were basically on par with July 2014, even though our guests had another very lucky month. Once again, Horseshoe Cleveland ended the month with the highest table game payout and the highest slot payout of any casino in Ohio.”
For the first seven months of 2015, Ohio casino have generated $478.7 million in revenues, which is around $1 million more compared to the same period of time in 2014. Bringing in the most money thus far is the Horseshoe Cleveland with $126.6 million in revenues, followed by Hollywood Columbus ($124.4m), Hollywood Toledo ($114m), and finally Horseshoe Cincinnati ($113.6m).
The state subsequently collected one-third of  revenues by way of taxes, which was then distributed to counties, educational programs, and other entities, including the Problem Gambling and Addictions funds. Commenting on the issue of addiction, Hollywood Casino Toledo compliance manager Rick Galloway, said that it was important to differentiate between recreational and problem gambling, explaining:
“We want people to come in here and have a good time. It’s entertainment. But to me, it’s not worth it if one individual comes in here and loses his house. There’s a bigger picture out there than a bottom line.”

Poker News
Spanish Online Poker Revenue Jumps 27% in Q1
03 Jun 2018
In January, Spain and France started pooling their online poker players in an attempt to revive an industry decimated by the ring-fenced policies adopted by their respective governments. If they were ever in any doubt as to the validity of their move, the results for the first three months of 2018 will certainly have allayed
Japan Introduces Responsible Gambling Bill
28 May 2018
Japan’s bicameral legislature, known as The National Diet, consists of an upper House of Councillors and a lower House of Representatives, with the latter having started discussing the Integrated Resorts Implementation Bill last week. Being debated is the regulatory framework required in order to set up an efficient and well functioning casino market in the
Ohio Casino Revenue Up 1% to $71.8m in April
17 May 2018
The Ohio Casino Control Commission has released its gambling results for April, with the state’s four casinos collecting $71.8 million last month, up by almost 1% compared to the prior year. Meanwhile, the Buckeye State’s seven racinos fared considerably better, with their revenue rising by 8% to $89.7 million from their slots and video gaming
NJ Generates Record iGaming Revenues in February
15 May 2018
In April, New Jersey’s online gambling market saw its revenue rise by 10.6% to $23 million versus the same month in 2017, with the amount posted second only to the record $25.6 million collected in March 2018. As a result, the Garden State has now generated $92.5 million over the first four months of this